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FORM NO. 26G See section 194F and rule 37 Annual return of deduction of tax from payments on repurchase of units by Mutual Funds or Unit Trust of India under section 206 of the Income-tax Act 1961 for the year ending 31st March 1. a Tax deduction Account Number b Permanent Account Number 2. Details of the person responsible for paying any amount referred to in section 80CCB 2 a Name/Designation b Address Flat/Door/Block No* Name of premises/Building Road/Street/Lane Area/Locality...
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Carefully read the instructions provided with the form to understand the requirements and information needed.
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Provide the necessary financial information, such as your income and any deductions or exemptions applicable to you.
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Who needs form 26g:
01
Individuals who are required to declare their income to the appropriate tax authorities.
02
Individuals who have received income from specified entities, such as banks, financial institutions, or employers who are liable to deduct tax at source.
03
Any person who wants to claim any deductions or exemptions on their income.
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What is form 26g?
Form 26G is a tax-related form used in India for reporting income that is not chargeable to tax.
Who is required to file form 26g?
Individuals and entities receiving income that is not subject to tax deduction at source (TDS) are required to file Form 26G.
How to fill out form 26g?
To fill out Form 26G, taxpayers need to provide specific details such as their PAN, income details, and ensure all requisite sections are completed accurately.
What is the purpose of form 26g?
The purpose of Form 26G is to facilitate the reporting of income that is exempt from TDS, ensuring proper tax compliance.
What information must be reported on form 26g?
Form 26G requires information including the taxpayer's PAN, details of the exempt income, and any relevant financial year-related data.
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